System and method for management and activation of conditional bid offers
Abstract:
A method and system for processing and managing activation of conditional offers initiated by a buyer device and bid offer responses from multiple seller devices. The method and system of the present invention comprise a mechanism for buyer devices to request bid offers from multiple seller devices using product keywords; seller devices to provide an offer for an exact or similar product with a condition; the buyer device activating the condition by quantifying a purchase intent for completing the transaction; buyer devices may be used to review, select, accept and activate one or more bid offers by quantifying the specified purchase intent through at least one central controller consisting of a central processing unit, operating system software to run the central processing unit and data storage means to identify at least buyer devices, seller devices and transaction attributes.
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